FactSet Research Systems Inc. (NYSE:FDS) announced a quarterly dividend on Friday, November 15th, Zacks reports. Investors of record on Friday, November 29th will be paid a dividend of 0.72 per share by the business services provider on Thursday, December 19th. This represents a $2.88 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, November 27th.
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FDS traded up $1.06 on Monday, reaching $261.22. 3,064 shares of the company traded hands, compared to its average volume of 310,826. FactSet Research Systems has a one year low of $188.31 and a one year high of $305.38. The firm has a fifty day simple moving average of $250.68 and a two-hundred day simple moving average of $272.70. The company has a market cap of $9.79 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a quick ratio of 2.67, a current ratio of 2.67 and a debt-to-equity ratio of 0.85.
FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 26th. The business services provider reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.14. FactSet Research Systems had a net margin of 24.58% and a return on equity of 63.04%. The company had revenue of $364.28 million during the quarter, compared to analyst estimates of $362.39 million. During the same quarter last year, the business posted $2.20 EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, equities analysts forecast that FactSet Research Systems will post 10.01 earnings per share for the current year.
A number of brokerages recently weighed in on FDS. Barclays decreased their price objective on shares of FactSet Research Systems from $275.00 to $250.00 and set an “equal weight” rating for the company in a report on Friday, September 27th. Jefferies Financial Group began coverage on shares of FactSet Research Systems in a report on Thursday. They set a “hold” rating and a $253.00 price objective for the company. Zacks Investment Research lowered shares of FactSet Research Systems from a “hold” rating to a “sell” rating and set a $257.00 price objective for the company. in a report on Monday, September 30th. Cantor Fitzgerald set a $240.00 price objective on shares of FactSet Research Systems and gave the company a “hold” rating in a report on Friday, September 27th. Finally, UBS Group decreased their price objective on shares of FactSet Research Systems from $233.00 to $224.00 and set a “sell” rating for the company in a report on Friday, September 27th. Five research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. FactSet Research Systems presently has an average rating of “Hold” and a consensus target price of $240.15.
In other news, Director Philip A. Hadley sold 75,000 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $282.86, for a total value of $21,214,500.00. Following the completion of the sale, the director now owns 467,368 shares in the company, valued at approximately $132,199,712.48. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 1,186 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $270.30, for a total transaction of $320,575.80. Following the completion of the sale, the chief executive officer now owns 4,980 shares of the company’s stock, valued at approximately $1,346,094. The disclosure for this sale can be found here. In the last 90 days, insiders sold 78,558 shares of company stock valued at $22,125,585. Company insiders own 2.30% of the company’s stock.
About FactSet Research Systems
FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.
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